PropertyEU

Firms reduce project pipelines as crisis takes hold in Eastern Europe

By A staff reporter 2008-12-24T00:00:00

Budapest-based Trigranit has joined a growing group of companies in Central and Eastern Europe and Russia which are freezing new developments. The company is cutting its EUR 8 bn development pipeline by half and is considering postponing investments in remaining schemes by up to five years due to the worsening ...

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